Rift revenues reach $100 million in 2011
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Trion Worlds announces new sales milestone for fantasy MMORPG, secures additional $85 million in funding.
Before Trion Worlds' massively multiplayer online role-playing game Rift had even shipped last March, it amassed 1 million users. Today, the company shared financial information concerning the game's first year, saying the MMORPG recorded revenues of $100 million in 2011.  Rift summoned $100 million in revenue this year.
In addition, Trion Worlds said it has secured $85 million in new funding, led by the Ontario Teachers' Pension Plan. Additional capital came from Bertelsmann Digital Media Investments. Trion Worlds said it plans to use this additional funding to "further grow its worldwide premium online games business."
On top of Rift, Trion Worlds is currently at work on two new titles. These are massively multiplayer real-time strategy game End of Nations, as well as Defiance, a project currently being developed in conjunction with the Syfy channel.
Outside of development, Trion Worlds is also entering the publishing business. Currently codenamed Red Door, Trion Worlds' new business combines a consumer service and what it calls a "full-scale publishing and development platform."
For more on Rift, check out GameSpot's review.
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"Rift revenues reach $100 million in 2011" was posted by Eddie Makuch on Fri, 20 Jan 2012 08:54:04 -0800
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